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Archy [21]
3 years ago
12

The single equivalent discount rate of the trade discount 5/4/1 is:

Mathematics
1 answer:
lianna [129]3 years ago
6 0
The correct answer to the question would be 09712. The single equivalent discount rate of the trade discount 5/4/1 is 09712. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help. 
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What is interest earned on 3500 invested at 6% compounded quarterly or 12 years
enyata [817]
\bf \qquad \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$3500\\
r=rate\to 6\%\to \frac{6}{100}\to &0.06\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &12
\end{cases}
\\\\\\
A=3500\left(1+\frac{0.06}{4}\right)^{4\cdot 12}\implies A=3500(1.015)^{48}

so, the interest earned then will be  A - 3500.
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3 years ago
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BARSIC [14]
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alukav5142 [94]
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rusak2 [61]

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mars1129 [50]

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